Several bids were made for Chelsea before the official deadline

This post contains affiliate links. “As an Amazon Associate I earn from qualifying purchases.”

Up to four confirmed bids had been submitted for Chelsea before the 21:00 GMT deadline on Friday, according to widespread reports.

Chelsea have been put up for sale by Roman Abramovich, who has had his assets frozen by both the UK government and the EU (EU) in the wake of Russia’s invasion of Ukraine.

Abramovich is said to value the club, which he bought in 2003, at £ 3 billion.

Investment firm Raine Group oversees the process of selling the club, with any funds to be sent to a charity or into a frozen account.

By the time the deadline expired, four parties had confirmed that they had submitted bids for the clubs, although it is expected that more bids will be able to be announced or submitted over the weekend.

The new owner of Chelsea must be approved by the government as well as pass the usual Premier League checks.

An interested party is a consortium led by the British property developer and Chelsea supporter Nick Candy. A spokesman for Candy’s Blue Football Consortium said, as reported by BBC Sport: “I can confirm that the two South Korean companies Hana Financial Group and C&P Sports Group are a significant part of Mr. Candy’s global consortium of investors. Their commitment is representative of Chelsea’s global brand and huge loyal fan base in Asia. ” Candy wants to rebuild Stamford Bridge if he succeeds in buying the club. Former Blues manager Gianluca Vialli is also involved.

Tea Ricketts familyowners of MLB’s Chicago Cubs and backed by hedge fund entrepreneur Ken Griffin, is another party officially having submitted a bid.

Martin Broughtonthe former Liverpool chairman, and Sebastian Coe, the president of World Athletics, heads another consortium that has submitted a bid. “I’m sure Sir Martin is the right man to lead Chelsea Football Club into its next chapter,” Coe said in a statement earlier this week.

The other party that has submitted a bid is a consortium led by Swiss billionaire Hansjorg Wyss and American businessman Todd Boehly, a co-owner of the Los Angeles Dodgers. Jonathan Goldstein, a British businessman, journalist Daniel Finkelstein and PR guru Barbara Charone have joined this group.

Following Abramovich’s sanction, Chelsea have not been able to sell any match tickets or merchandise, although season ticket holders can still take part in home matches.

They have also had a cap on the cost of playing home games and their travels to away games.

Thomas Tuchel’s team meets Middlesbrough in the FA Cup this weekend.

Source link

Latest News

Cadiz players give La Liga champions Real Madrid Honor Guard at Nuevo Mirandilla (Video)

This post contains affiliate links. “As an Amazon Associate I earn from qualifying purchases.” Real Madrid had secured the La Liga title before heading to Estadio Nuevo Mirandilla on Sunday, where they drew 1-1 with Cadiz. The home players showed their appreciation of the visiting giants prior to the match. ✨ Honor guard ✨👏 @Cadiz_CFEN […]

Read More
Latest News

Cadiz 1-1 Real Madrid: The Lunin show causes the hosts to fall into the relegation zone

This post contains affiliate links. “As an Amazon Associate I earn from qualifying purchases.” Andriy Lunin produced a series of fine saves as Real Madrid held on to a 1-1 draw against Cadiz, which fell in the relegation zone as a result. When Real Mallorca secured a dramatic victory over Rayo Vallecano, only a victory […]

Read More
Latest News

3 ways the NFL screwed Kansas City over with the 2022 schedule

This post contains affiliate links. “As an Amazon Associate I earn from qualifying purchases.” Patrick Mahomes, Kansas City Chiefs. (Photo by Jamie Squire / Getty Images) The Kansas City Chiefs will have one of the toughest schedules in the NFL next season. If the Kansas City Chiefs want to play deep into the off-season, they […]

Read More